Foreign exchange reserves, billion currency units in Laos, December, 2019
For that indicator, Bank of the Lao P.D.R provides data for Laos from January 2000 to December 2019. The average value for Laos during that period was 0.55 billion U.S. Dollar with a minimum of 0.1 billion U.S. Dollar in January 2000 and a maximum of 1.18 billion U.S. Dollar in June 2015.
Click on the following link to see the values of Foreign exchange reserves, billion currency units
around the world.
* indicates monthly or quarterly data series
Measure: billion U.S. Dollar
Source: Bank of the Lao P.D.R
Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.